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US Stocks Mix as Soft Inflation Boosts Fed Pause Odds and Iran Tensions Escalate

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US equity indexes closed mixed as cooling inflation and declining retail sales raised expectations for a Fed rate pause in September.
  • Tech and energy sectors led gains amid heightened US geopolitical pressure and blockades against Iran, while the Dow slightly underperformed.
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